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New NYSE Chief to Keep Augusta Membership

(WOMENSENEWS)–John Reed, the new chief of the New York Stock Exchange, recently indicated that he would not use his position to urge the Augusta National Golf Club to admit women.

Reed, once retired but now interim chief executive officer of the New York Stock Exchange, rejected a recent plea from the National Council of Women’s Organizations to cancel his membership at the club. The council has been in a battle for more than a year over whether the famous club–home to one of golf’s most prestigious tournaments–would continue its refusal to admit women as members.

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